SaviCorp (fka SVMI)

[bly03]

coolhandluke88,

You asked:

wonder if investors like Bly would of want to buy sooner if he knew was a 700+ million deal with China??

Sure, I would have rather bought at 0.002 rather than the price I did pay for my recent adds. And if I had advance notice of a 700 million dollar deal, I probably would have bought sooner.

I will agree with you that it looks like insiders let the word out about a month early, as we had a bit of a volume uptick while the price was running up from .002 in the month before last week's news.

Still, I don't get particularly upset about it, since I just accept that this happens all the time. (Even on big board stocks, although a 300% rise before news would be rather unusal for a big board stock).

Also, I find it interesting that the price had hit a high of ~0.008 a bit before the news but then retreated, then spiked back to about the same high on the day of the news before retreating again. That appears to be the point that someone (or someones) thinks is a good exit point. I will be curious to see if that remains a resistance point. Hopefully the thirty something million volume on the day of the news gave this someone or someones enough volume to exit into so we don't have as much resistance the next time we reach the same level. We'll see.

You appear to have become a bit of a magnet for attack posts on this message board lately. I actually find the majority of what you post to be fairly reasonable, but I guess I am not surprised that the attacks have followed, since that is the typical stock message board mentality (not just for the SVMI board). I essentially agree with your theory of why the stock price did not continue to run for the typcial 2-3 days after big news. (I actually made a post to OTCgambler on the evening of the news that made a similar point.)

Anyway, I hope you had a good round of golf the other day, and I welcome your posts here even if not everyone else agrees.